Listed by: Michael Carle, Bennion Deville Homes
$315,000
●
House -
Off Market
260 Strada Nova
Palm Desert, CA 92260
3 Beds
2 Baths
1,700 Ft²
$613,318
RealtyHop Estimate
94.70%
Since Oct 1, 2013
National-US
Primary Model
About This Property
This property is located in the desirable gated community of
Merano. Merano offers unparalleled home value and is one of the
best kept secrets in the valley, with low low H.O.A. fees of only
$75.00 per month. Merano has 126 Mediterranean style homes.This
property is an exceptional value at $315,000. It has tremendous
amount of upgrades in this property that include, brand new
Stainless steel appliances in kitchen. There is also a built in
wine cooler. Brand new Trane A/C unit. There is Ceramic tile floors
thru out home except two of the bedrooms that have wall to wall
carpet. Beautiful salt water pool and spa in the rear yard to enjoy
year round. Ceiling fans in family T.V. room and master bedroom ,
double sided fireplace, nice size living room,dining room
combination. All appliances are included in the sale of this home.
To show is to sell !!!!!
Unit Size
1,700 Ft²
Days on Market
26 days
Land Size
0.15 acres
Price per sqft
$185
Property Type
House
Property Taxes
-
HOA Dues
$75
Year Built
1998
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #21479964DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2013 | Sold | ||
| Sold | |||
| Aug 17, 2013 | Listed by Bennion Deville Homes | $315,000 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Palm Desert
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Listed by: Michael Carle, Bennion Deville Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 21479964DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 21479964DA
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